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Banned

I don't think so. The 2008 fiscal year ended on September 30. I don't know if the Republican Bush adminstration had spent any of the $700 billion it asked for by then.

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The Democratic Congress had a big part in the 700 billion, no 850 billion bailout. There is plenty of blame to go around. Since the Bush Administration is now history, it is time to focus forward and solve the problem. Raking the past over the coals serves no purpose.

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New Member

The Democratic Congress had a big part in the 700 billion, no 850 billion bailout. There is plenty of blame to go around. Since the Bush Administration is now history, it is time to focus forward and solve the problem. Raking the past over the coals serves no purpose.

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Bush is still president, the deficit isn't Obama's until he takes the oath of office.

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Active Member

Not at all. The federal government has been running $500-600 billion budget deficits for several years before 2008.

It simply went up more during the recession this year that started in December 2007. I have no idea how much of the bailout money was spent by September 30. Do you? So how does that make me a liar? Can you explain your statement?

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New Member

Not at all. The federal government has been running $500-600 billion budget deficits for several years before 2008.

It simply went up more during the recession this year that started in December 2007. I have no idea how much of the bailout money was spent by September 30. Do you? So how does that make me a liar? Can you explain your statement?

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None, it passed the house on Sunday, September 28, 2008. Hank didn't give out a check for a few days after that.

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Well-Known Member

Not at all. The federal government has been running $500-600 billion budget deficits for several years before 2008.

It simply went up more during the recession this year that started in December 2007. I have no idea how much of the bailout money was spent by September 30. Do you? So how does that make me a liar? Can you explain your statement?

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[personal attack snipped]

The fiscal year 2008 deficit was $455 Billion, not over a $1 trillion as you stated here:

And the 2008 fiscal deficit was just over $1 trillion

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I assumed when you made such a stupid statement that you were referring to calender year instead of the fiscal year. You explained you knew the difference. [personal attack snipped]

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New Member

The trouble with liberals is a decided bias against taking responsibility for their actions, including the responsibility of being in the majority in Congress.

Nothing...and I mean nothing, gets through Congress without the support of the majority party.

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I see it just the opposite, it is the GOP trying to dodge responsibility for their actions. Even if nothing can get through the house without the majority party, it doesn't negate the FACT that the minority party voted for the package.

Their president asked for the package, their treasury secretary begged on his knees for the package, their treasury secretary is the only one passing out checks from the package... Will the GOP take responsibility for their actions?

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